SECURE Firearm Storage Act

Enhanced Firearm Security: Licensees must store firearms using specific methods, such as a hardened steel rod through the trigger guard and frame, or within a locked fireproof safe, locked gun cabinet, or locked vault (Section 2(a)(2)). This is intended to secure the business inventory.

Protected Business Records: The bill requires that paper records of business inventory and transactions be kept in secure locations like a locked fireproof safe or vault when the business is closed (Section 2(a)(3)).

Risk Reduction Measures: The Attorney General is empowered to prescribe additional security requirements, such as alarm and security camera systems or site hardening, to reduce the risk of theft at business premises (Section 2(a)(4)).

Financial Penalties for Licensees: A first violation of the security requirements can result in a civil penalty of at least $1,000 and up to $10,000 (Section 2(b)(1)(A)(i)).

License Suspension or Revocation: For second violations, a licensee's license may be suspended until the violation is cured, and for third violations, the license shall be revoked (Section 2(b)(1)(A)(ii) and (iii)).

Regulatory Burdens: The Attorney General has the authority to mandate additional security requirements, which may include electronic record security or other measures to reduce theft risk (Section 2(a)(4)).